Overseas Companies: Human Rights

(asked on 8th March 2022) - View Source

Question to the Foreign, Commonwealth & Development Office:

To ask Her Majesty's Government what measures are in place to protect the human rights of local communities in which UK companies trading at the London Stock Exchange carry out extractive activities.


Answered by
 Portrait
Lord Ahmad of Wimbledon
Minister of State (Foreign, Commonwealth and Development Office)
This question was answered on 22nd March 2022

In relation to the extractives sector, the UK Government works through a number of international mechanisms including support to the Organisation for Economic Co-operation and Development's (OECD) Due Diligence Guidance for Responsible Mineral Supply Chains which enables businesses to operate responsibly in conflict affected and high risk areas and as a member of the Kimberley Process to help stem the flow of conflict diamonds. The UK is also a member of the Voluntary Principles for Security and Human Rights which promote a set of principles to guide companies in the extractives sector to maintain the safety and security of their operations in a manner that reduces the risk of human rights abuses including in local communities.

More broadly, the Government expects all UK businesses to respect human rights throughout their operations, in line with the UN Guiding Principles on Business and Human Rights. The UK is signatory to the 1976 OECD Declaration on International Investment and Multi-National Enterprises, which adopted the OECD Guidelines for Multinational Enterprises.

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